The people loudly departing the biggest AI companies aren't necessarily looking for fatter paychecks or more stock options; they’re worried that AI businesses are putting profits over sanity and safety.
Publicly traded companies are legally required to put profits over sanity, safety, and everything else. It’s a truly insane system we’ve put together for ourselves.
Publicly traded companies are legally required to put profits over sanity, safety, and everything else. It’s a truly insane system we’ve put together for ourselves.
Interestingly they are not. Its commonly shilled by C-scum, but it’s a lie.
Look up “shareholder primacy”. It’s enshrined in law.
BTW you said Midjourney is a profitable company elsewhere. Can you provide a source?
It literally isn’t. Google shareholder primacy and you’ll notice its a norm, not a law (in the USA).
You can also Google Midjourney.
It’s a judicial precedent
https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.
Why don’t you show us your Google result that proves Midjourney made of profit?
https://en.wikipedia.org/wiki/Midjourney#%3A~%3Atext=The+tool+was+in+open
Is this still the case?